675 N Los Felices Circle W 204, Palm Springs, California 92262, Palm Springs, 92262 - 1 bed, 1 bath
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Palm Springs, California 92262
This 1-bedroom Fee Simple Condominium is a strategic Value-Add Asset listed at $168,000, positioned near its $152,432 Fair Market Value. Currently maintaining a Condition Rating of 4, the interior offers a clear path for forced appreciation through cosmetic updates to the original cabinetry and finishes. The unit boasts panoramic mountain views and access to six pools and eight spas within a resort-style community. Families benefit from proximity to Vista Del Monte Elementary and Palm Springs High School, both rated 6/10. This property is an ideal entry point for Buy-and-Hold Investors or Owner-Occupants seeking a customizable desert retreat.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 675 N Los Felices Circle W 204 Subject | $168,000* List Price | 1 | 1 | 589 | $259 | - |
A 675 N Los Felices Circle 110 Sold | $167,000 | 1 | 1 | 589 | $284 | 0.0 mi |
B 470 N Villa Court 205 Sold | $130,000 | 1 | 1 | 589 | $221 | 0.3 mi |
C 510 N Villa 200 Sold | $125,000 | 1 | 1 | 589 | $212 | 0.3 mi |
D 685 N Ashurst Court H 215 Sold | $145,000 | 1 | 1 | 589 | $246 | 0.1 mi |
E 2822 N Auburn Court 205 Sold | $170,000 | 1 | 1 | 589 | $289 | 0.0 mi |
F 2820 N Arcadia Court B102 Sold | $159,000 | 1 | 1 | 589 | $270 | 0.1 mi |
G 2812 N Auburn Court 202 Active | $172,500 List Price | 1 | 1 | 589 | $293 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1982, the property is well-maintained but aesthetically dated. The kitchen features older oak cabinetry, laminate countertops, and white appliances that appear to be 15-20+ years old. While functional and move-in ready, the interior finishes like the mirrored walls and carpet require updating to meet modern standards.
Unlike many Palm Springs properties located on Indian Lease land, this condo is on fee simple land, providing the owner with full land ownership and easier financing options.
The property offers exceptional value through its community features, including six pools, eight spas, and three tennis courts, creating a true vacation atmosphere.
Positioned as an upper-level unit at the rear of the complex, the home provides a quiet, private setting with desirable views of the mountains and desert landscape.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =436, other record lot size in square feet = 774.
The monthly association fee of $515 is relatively high compared to the $168,000 list price, which may impact the overall affordability and cash flow for investors.
With only 589 square feet of interior space, the unit is quite small, which may limit its appeal for full-time residents or those requiring more storage and room to move.
Welcome to an effortless desert escape on fee simple land. This charming upper-level 1-bedroom, 1-bath condo is ideally positioned in the back of the sought-after Palm Springs Villas II community, offering a peaceful and quiet setting with added privacy, while blending modern updates with classic Palm Springs style.The bright living space flows seamlessly into the kitchen, dining area, and balcony, creating a relaxed yet functional environment--perfect for quiet mornings, casual entertaining, or unwinding after a day in the sun.The community offers true resort-style living with six sparkling pools, eight inviting spas, and three tennis courts surrounded by beautifully maintained grounds. A low HOA and a prime location place you just minutes from the Palm Springs Aerial Tramway, downtown Palm Springs, and an array of dining, shopping, museums, and casinos.Whether you're seeking a full-time residence, a weekend retreat, or a smart investment opportunity, this home delivers comfort, convenience, and the unmistakable Palm Springs lifestyle.
No exterior & parking available.
Grades K-5 • 1.0 mi
Grades K-5 • 1.9 mi
Grades K-5 • 3.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 1.0 | 2.0 | 33% |
| Baths | 1.0 | 2.0 | 34% |
| Square foot | 589 | 1,131 | 20% |
| Lot Size | 436 | 436 | 50% |
| Price | $168.0K | $360.0K | 9% |
| Price per sq ft | $285 | $345 | 24% |
| Built year | 1982 | 1981 | 51% |
| HOA | $515.0 | $550 | 37% |
| Days on market | 34 | 160 | 2% |
May 4, 2026
$168,000
Initial Listing
Apr 30, 2012
$42,500
Public Record
Jan 25, 2012
$36,000
Public Record
Jun 9, 2004
$127,500
Public Record
Nov 29, 1999
$31,500
Public Record